11061 S Ohio Avenue, Los Angeles, CA 90025

$4,150,000

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Listing courtesy of Listing Agent: Eliyahu Appel (eli.appel@theappelgroup.com) from Listing Office: Equity Union.

List Price
$4,150,000
Status
ACTIVE
MLS#
26842767
Lot Size
12,009
Days on Market
50
Property Type
Land

Property Description

Rare double-lot corner assemblage in a cul-de-sac at 11061 W Ohio Ave and 1433 S Bentley Ave totaling approximately 12,009 square feet with approximately 100 feet of frontage in the heart of West Los Angeles. This premier redevelopment opportunity is positioned within one of the Westside's most supply-constrained and transit-oriented residential corridors, offering scale and site efficiencies rarely available in the 90025 submarket. The site may support approximately 35 to 36 residential units through a stacked density bonus strategy utilizing AB 1287 Double Bonus incentives, materially increasing achievable density and improving project economics. The [Q] RD3-1-O zoning and transit-oriented positioning may also qualify for TOC Tier 3 benefits, AB 2097 parking reductions, enhanced FAR allowances, and a streamlined entitlement pathway under Executive Directive 1. Strategically located near major employment centers including UCLA, Century City, Westwood, Santa Monica, Culver City, and the broader Silicon Beach corridor. Immediate access to the I-10 and I-405 Freeways, combined with nearby Metro E-Line connectivity, continues to drive strong and sustained housing demand throughout the submarket. West Los Angeles remains one of Southern California's most resilient development markets due to its high barriers to entry, limited land availability, affluent demographics, and deep professional employment base. Must be sold in conjunction with 11061 W Ohio Ave. Offered at combined price.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.